Sunday, October 25, 2015

CHINA"s YUAN IMF nod...!!

What will it mean for the yuan to get IMF reserve-currency nod?

Many major economies, including the US, Germany and UK, say they’re prepared to back the yuan’s inclusion if it meets the IMF criteria
Washington: International Monetary Fund (IMF) representatives have given China strong signals that the yuan is likely to soon join the fund’s basket of reserve currencies, known as Special Drawing Rights, Chinese officials with knowledge of the matter told Bloomberg News this week. Here’s a primer on what that means.
What is a Special Drawing Right?
The fund created the SDR in 1969 to boost global liquidity as the Bretton Woods system of fixed exchange rates unravelled. While the SDR is not technically a currency, it gives IMF member countries who hold it the right to obtain any of the currencies in the basket—currently the dollar, euro, yen and pound—to meet balance-of-payments needs. So the ability to convert SDRs into yuan on demand is crucial. Its value is currently based on weighted rates for the four currencies.
How much of these SDRs are out there?
The equivalent of about $280 billion in SDRs were created and allocated to IMF members as of September, compared with about $11.3 trillion in global reserve assets. The US reported about $50 billion in SDR holdings as of August.
Why does China want this status so badly?
In a 2009 speech, People’s Bank of China Governor Zhou Xiaochuan said the global financial crisis underscored the risks of a global monetary system that relies on national reserve currencies. While not mentioning the yuan by name, Zhou argued that the SDR should take on the role of a “super-sovereign reserve currency,” with its basket expanded to include currencies of all major economies.
Chinese officials have since been more explicit. After meeting President Barack Obama last month at the White House, President Xi Jinping thanked the US for its conditional support for the yuan joining the SDR. Winning the IMF’s endorsement would allow reformers within the Chinese government to argue that the country’s shift toward a more market-based economy is bearing fruit.
Why is the IMF likely to approve this?
Global use of the yuan has surged since the IMF rejected SDR inclusion in the last review in 2010. By one measure, the currency became the fourth most-used in global payments with a 2.79% share in August, surpassing the yen, according to the Society for Worldwide Interbank Financial Telecommunication, known as Swift.
The IMF uses several indicators to determine if a currency is “freely usable,” the benchmark for inclusion in the SDR basket. IMF staff members said in a report in August that the yuan trails its global counterparts in major benchmarks, such as its use in official reserves, debt holdings and currency trading. But staffers have also stressed that the fund’s 24 executive directors, who will make the final call, will need to use their judgment.
Many major economies, including the US, Germany and UK, say they’re prepared to back the yuan’s inclusion if it meets the IMF criteria. Supporting the yuan may boost relations between China and countries such as the UK, which has sought to make London a major yuan trading hub.
Adding the yuan to the basket may also help the IMF improve its standing with the Chinese. China and other emerging markets were supposed to gain greater representation at the fund under reforms agreed to in 2010, but the U.S. Congress has yet to ratify the changes.
What’s likely to happen to yuan assets in the longer term?
At least $1 trillion of global reserves will migrate to Chinese assets if the yuan joins the IMF’s reserve basket, according to Standard Chartered Plc and AXA Investment Managers.
Foreign companies’ issuance of yuan-denominated securities in China, known as panda bonds, could exceed $50 billion in the next five years, according to the World Bank’s International Finance Corp.
“Once the Chinese yuan becomes part of the SDR, central- bank reserve managers and institutional investors will automatically want to accumulate yuan-denominated assets,” Hua Jingdong, vice president and treasurer at IFC, said in an interview in Lima earlier this month during the IMF and World Bank annual meetings. “It will be strategically important for China to welcome all kinds of issuers to become regular issuers in China’s onshore market.” Bloomberg
Bonnie Cao in New York and John Quigley in Lima contributed to this story.
http://www.livemint.com/Politics/t9azL5zeY1yAl4dbgVxNRP/What-will-it-mean-for-the-yuan-to-get-IMF-reservecurrency-n.html

Sunday, September 6, 2015

MONEY MAKING IDEAS...

7 money secrets the rich don't want you to know 

The Motley Fool

Ask most personal finance experts and they'll tell you the secret to becoming rich is no secret at all: Work hard, live below your means and save every dime. The nation's One Percenters, however, might disagree.

There's no shame in a modest lifestyle -- even Warren Buffett lives frugally. But if your goal is to get rich, it's helpful to know these seven secrets the ultra-wealthy aren't likely to share.

1.  Salary isn't the whole story: 

Climbing the corporate ladder will only get you so far; at some point, you reach your earning potential and plateau. The rich know that in order to grow wealth, it's important to make your money work hard for you -- not the other way around. In fact, Robert Kiyosaki, author of the No. 1 best-selling personal finance book "Rich Dad, Poor Dad," built his entire money philosophy around this concept.

Generating income from passive, rather than active, income sources is the best way to do this. Investments that yield passive income include dividend-paying securities, rental properties, profits from a business you do not directly manage on a daily basis -- even royalties on creative work or inventions.

2. Take advantage of time, not timing

If the recent Dow Jones crash proves anything, it's that no one can predict what the market will do tomorrow. The wealthy know this and make no attempt to moonlight as day traders.

"Time is more important to investment success than timing," explained Peter Lazaroff, a certified financial planner who manages portfolios upwards of $10 million for Plancorp, LLC. "Most of the population believes that timing the market's moves is the key to growing rich through the stock market. The wealthy, however, understand that time and compound returns are the most important factor in growing wealth."

Though it might seem counterintuitive, getting rich requires investors to adopt an unsexy buy-and-hold strategy, ride out market fluctuations and ignore speculation.

3. Put it in writing

The difference between having an idea and putting it on paper is often what separates the uber-successful from average folks. And if you equate success with wealth, it might be time to start writing down your goals, both large and small, in order to become rich.

Thomas Corley, author of "Rich Habits: The Daily Success Habits Of Wealthy Individuals," noted that 67 percent of the wealthy people he surveyed wrote down their goals, while 81 percent kept a to-do list. If your goal is to become a multimillionaire, write it down along with an action plan for making it happen.

4. Understand value over cost

According to Justin J. Kumar, senior portfolio manager at Arlington Capital Management, "The wealthy person has three best friends: her attorney, her accountant and her advisor. The wealthy tend to use the law and tax code to their advantage when figuring out how to maximize their wealth, especially over multiple generations, and they are not afraid to spend money up front for counsel to get these answers."

Kumar explained it's common for middle-income Americans to cut corners in order to save money, yet ultimately find the results lacking. "The wealthy look at value over cost, but they are still prudent in their decisions," he said.

5. Eat out less

People who are concerned with saving money often skip the daily latte. The rich enjoy small splurges such as Starbucks whenever they want and instead look at saving from a bigger picture.

Author Paul Sullivan and colleague Brad Klontz, a clinical psychologist with an academic appointment at Kansas State University, conducted research on the difference in spending habits of the 1 percent and the 5 percent. The 1 percent spent 30 percent less on eating out and saved it for retirement instead. "And that, more than the cost of a Starbuck's latte, is what, over time, separates the wealthy from everyone else on the wrong side of the thin green line," Sullivan wrote in Fortune.

6. Be your own boss

Employees work to make their bosses rich. If you're aiming for true wealth, consider starting your own business. According to Forbes, nearly all of the 1,426 people on its list of billionaires made their fortunes through a business they or a family member had a hand in creating.

"Many middle class workers think that starting a business is too risky," noted Robert Wilson, a financial advisor and frequent contributor to CNN, NBC and CBS. "The wealthy understand that what's risky is allowing your time and earnings to be dictated by a boss who couldn't care less about whether you get what you want for your life."

7. Use other people's money

To the average person, "it takes money to make money" might sound like a tired cliche used to justify irrational spending. For the rich, it's a golden rule of wealth.

The key is leveraging other people's money to increase your own wealth.

"Trading time for dollars is a losers' game, especially as technology destroys many jobs that don't require a highly skilled human being," said Wilson. "Using money from banks/investors and hiring people to work for you is a time-tested formula for building wealth, not to mention the tax laws, which heavily favor businesses."

Whether you're fundraising to start a business or flipping real estate for a profit, relying on other people's money to do the heavy lifting greatly increases the return. Of course, it's also riskier than relying on your own funds. But if you follow the sage words of the great Warren Buffett, consider that "risk comes from not knowing what you're doing."

This article originally appeared on GOBankingRates.com.

The next billion-dollar iSecret

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http://www.msn.com/en-in/money/topstories/7-money-secrets-the-rich-dont-want-you-to-know/ar-AAdYPlF


Sunday, July 5, 2015

NIFTY CRUCIAL LEVEL...!!!!


Indices are poised at a crucial hurdle

Following the rally last week, the indices have a tough task ahead of them
Indian indices began last week on a weak note with a gap down opening, as Greece set to default on its debt repayment. This sparked off concerns on huge sell-offs in emerging markets. However, the indices recovered from Monday’s fall and started to trend higher thereafter. But the selling pressure mounted in developed markets such as Japan and Europe. The US markets were also under pressure and closed the truncated week on a negative note.
Domestic markets rallied to two-and-a-half month high for the third consecutive week. Greece default appears to have been factored in along with the better-than-expected progress on the monsoon. The April-June quarter earnings results and movement of oil and currency are important triggers to watch out for in the coming weeks.
Global markets, including India, will take cues from the outcome of the Greece referendum on July 5.
How they oscillate

The Nifty decisively surpassed its 50- and 200-day moving averages last week. The relative strengthen index in the daily chart has entered the bullish zone from the neutral region, backed by a positive divergence during early June. Moreover, the moving average convergence divergence indicator featuring in the daily chart displayed positive divergence and entered the positive territory last week.
The weekly relative strength index has been moving higher in the neutral region since early June. Both the daily and weekly price rate of change indicators hover in the positive terrain, implying buying interest. Having said that, the monthly chart depicts a different picture, signalling weakness in long-term oscillators. There is a sell signal in the monthly MACD chart and the monthly price rate of change indicator is moving towards the zero line in the positive zone.
Nifty (8,484.9)

After snapping its medium-term downtrend at a significant base between 7,950 and 8,000 in early June, the Nifty has been on a short-term uptrend. The index recorded an intra-week low on Monday, but went to breach its moving averages through the week.
The week ahead: The Nifty index extended its rally amidst volatility, and surged 103 points or 1.2 per cent. The index managed to surpass its critical resistance indicated at around 8,400 in the week ago. The short-term trend is up and the outlook is bullish. However, the index faces a tough task ahead in the form of a significant resistance at 8,500 and 8,535 — the 50 per cent fibonacci retracement of the decline from 9,119 levels.
If Nifty manages to decisively breach the significant resistance band between 8,500 and 8,535, it can rally to 8,666 levels in the short term. But, a reversal from the resistance zone can drag the index down to 8,340 and then to 8200 levels. Next key support is at 8,100 levels. Therefore, traders with a short-term view should tread with caution. Strong rally will be cue to initiate long positions.
Medium-term trend: We reiterate that the current rally needs to extend beyond 8,670 levels to signal that the medium-term trend has reversed higher.
But, a reversal from the resistance zone of around 8,535 will imply that the next leg of downtrend from 9,119 peak has resumed.
Sensex (28,092.7)

After taking support in the range between 26,300 and 26,500 in early June, the Sensex started to trend higher. Last week, the index surpassed its immediate hurdle at 27,720 by gaining 280 points.
The week ahead: Since early June low, the index has been on a short-term uptrend. Though it managed to surpass a resistance last week, it faces a next one now at 28,200 levels. A strong rally above this level will pave way for an up move to 28,595 levels. However, the medium-term trend deciding level for the index is at 28,595. A positive close above this level will alter the trend to bullish. Key immediate supports for the index are at 27,800, 27,326 and 26,928 levels. Traders with a short-term perspective can initiate long positions if the index extends its rally beyond the immediate resistance level.
Global cues

Since February 2015, the Dow has been on a sideways consolidation phase in the broad range between 17,600 and 18,300. Last week, the index tested the lower boundary as well as its 200-day moving average and bounced back slightly. But a decisive fall below 17,600 will have bearish implications and pull the index down to 17,300 and then to 17,100 levels in the short term. Conversely, the key resistances are placed at 18,000 and 18,300 which could limit its upside. Only a decisive rally above 18,300 will imply bullishness and take the index higher to 18,500 levels.
Most global indices, especially the euro zone, closed the week on a negative note. Shanghai Composite is the worst hit index plunging 12 per cent in the week ago.
After testing the key resistance level of $60 per barrel for almost two months, the Light Crude Oil tumbled 6.8 per cent in the previous week. Further fall below the immediate support level of $55 can drag crude oil prices down to $51.5 and then to $50 in the short term. On the other hand, an emphatic rally above $60 is needed to reinforce the uptrend.
(This article was published on July 4, 2015)
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http://www.thehindubusinessline.com/portfolio/technically/indices-are-poised-at-a-crucial-hurdle/article7386882.ece?homepage=true

Thursday, July 2, 2015

India’s $100 bn solar energy opportunity to expand & enlarge ...!!!

India’s $100 bn push into solar energy to be driven by foreign companies as locals take backseat

Last week, Softbank became the latest foreign player to enter India's solar market, leading an investment of up to $20 billion.

Solar power
India’s $100 billion push into solar energy over the next decade will be driven by foreign players as uncompetitive local manufacturers fall by the wayside, no longer protected by government restrictions on the sector.
The money pouring into India’s solar industry is likely to be soaked up by foreign-organised projects such as one run by China’s Trina Solar – not the country’s own solar panel manufacturers.
Last week, Softbank became the latest foreign player to enter India’s solar market, leading an investment of up to $20 billion. The Japanese firm said it would consider making solar panels locally, but with Taiwan’s Foxconn rather than a local manufacturer.
Many Indian solar panel producers have benefited over the past six months from a surge in demand for panels not yet fulfilled by foreign companies. But their small scale and outdated technology will quickly make itself felt when the global players arrive.
“The smaller manufacturers of India, especially the cell manufacturers, will be adversely hit because they are unable to compete both on technology and even on price structures,” said Jasmeet Khurana at solar consultancy Bridge To India.
India’s solar panel makers can no longer turn to the Indian government for help. The government is more concerned about creating jobs quickly and ensuring plentiful power supply in a country known for its many blackouts.
India, in contrast to Chinese and German efforts to protect local producers, has scrapped most restrictions on where equipment that turns sunshine into energy is bought. Last year, it dropped an anti-dumping duty on panel import.
Foreign players making panels in India are expected to compete with local manufacturers to fulfil so-called domestic content requirements for government projects.
Trina has unveiled plans for a $500 million plant and US.-based SunEdison is investing up to $4 billion in a manufacturing facility. Both are tying up with Indian power firms to build the plants.
SOLAR TARGETS
India has said it expects peak power demand to double over the next five years from around 140,000 megawatts today. To help meet that demand, 100,000 MW of new capacity is to come from solar panels, and of that it wants at least 8,000 MW to come from locally-made cells.
Foreign players manufacturing in India will probably win the bulk of those orders.
Indian rivals like Indosolar and Moser Baer produce panels, but they cost 8 to 10 percent more than foreign producers, Khurana said.
It is not yet clear which foreign firms will emerge as the winners, with most of the facilities years away from being built and the big tenders for huge solar parks touted by the government still to be awarded.
But those who can quickly build scale will be the most able to compete on cost.
“The lowest cost in manufacturing will only come from scale and integrated facilities,” said Sujoy Ghosh, India Country Head at U.S.-based First Solar.
First Solar is to build 5,000 MW of solar power before 2020, but will rely on imported panels for now because it is cheaper to buy component parts internationally where they are more readily available.
As for some of India’s small panel makers, they are looking to complement the efforts of foreign players instead of trying to derail them.
Maharishi Solar, a small manufacturer based in Delhi, is looking to tie up with a foreign company, the company’s head Ajay Prakash Shrivastava told Reuters.
It stopped producing solar panels a few years back as it could not compete with foreign manufacturers, primarily Chinese. Shrivastava said import panels are as much as 45 percent cheaper thanks to subsidies in their home countries and lower borrowing costs.
“The Indian manufacturers do have a disadvantage,” he said. “We are trying to find a partner who can bring in the latest technology.”
First Published on July 2, 2015 2:37 pm======================
http://www.financialexpress.com/article/economy/indias-100-bln-solar-push-draws-foreign-firms-as-locals-take-backseat/93546/
==================
Just imagine the POTENTIAL AVAILABLE. It will be like wireless-mobile revolution.
The companies are going to use the HIGH-WAYS as OPPORTUNITY to Cover the VILLAGES and connect to GRID...Just wait for GESTATION period to explode.

Friday, June 26, 2015

1930s-like depression: Rajan- WARNS !!!

World economy may slip to 1930s-like depression: Rajan

Reiterates warning against competitive monetary policy easing by central banks

Tuesday, June 23, 2015

SOLAR POWER BUSINESS...!!



SoftBank, Bharti, Foxconn in $20-bn solar power projects JV: 5 key points

SoftBank, Bharti Enterprises and Foxconn Technology teamed up to form a joint venture (JV) to set up a 20 gigawatt (GW) of solar and wind energy projects in India at an investment of about $20 billion.

Japan’s SoftBank, the Sunil Bharti Mittal-led Bharti Enterprises and Taiwan’s Foxconn Technology on Monday teamed up to form a joint venture (JV) to set up a 20 gigawatt (GW) of solar and wind energy projects in India at an investment of about $20 billion. Here are 5 key points:
1. Japan’s SoftBank, the Sunil Bharti Mittal-led Bharti Enterprises and Taiwan’s Foxconn Technology’s joint venture is one of the biggest investment pledges to date in the country’s renewable energy sector.
2. SoftBank is the largest shareholder in Chinese e-commerce firm Alibaba, will have the majority control in the three-way JV company with Bharti and Foxconn as minority stakeholders.
3. SoftBank aims to endorse Prime Minister Narendra Modi’s Make in India and 100 GW of clean energy by 2022 vision.
4. SBG Cleantech will be headed by Manoj Kohli as its executive chairman while Raman Nanda will be the chief executive officer. It will be headquartered in New Delhi.
5. SoftBank had in 2011 set up SB Energy to develop clean energy projects following the Fukushima nuclear disaster.
First Published on June 23, 2015 9:42 am

http://www.financialexpress.com/article/industry/companies/softbank-bharti-foxconn-in-20-bn-solar-power-projects-jv-5-key-points/88768/

Thursday, May 14, 2015

WINNING TRENDS IN STOCK MARKETS

“PEOPLE ARE NOT DISTURBED BY THINGS RATHER BY THE VIEW OF THINGS” –ALBERT ELLIS, AN AMERICAN PSYCHOLOGIST WHO DEVELOPEDRATIONAL EMOTIVE BEHAVIOUR THERAPY.
THIS PSYCHOLOGICAL APPROACH IS APT TO MANY BUSINESS HOUSE DECISIONS BUT VERY TRUE IN STOCK MARKETS AS VIEWS BECOME PALE & FEARFUL DURING THE TIMES OF DEPRESSIVE NEGATIVE ENVIRONMENTS, JUSTLIKE NIGHTMARES IN  THICK FORESTS OF ABUNDANT DESOLATION.
THE STOCK-MARKETS CLEARLY REPRESENT A FRIGHTENING CLUMSY PICTURE AT TIMES WHEN VOLITITIY AT ITS PEAK & FALL CONTINUES!!, NO MATTER HOW SEASONED SOMEBODY BUT TO OVERCOME THE NERVE WRENCHING FEAR AND FORESEE THE FUTURE BECOMES DREADFUL.
TO AVOID UNCERTAINTIES IN STOCK MARKETS ARE NOT AT ANYBODY'S COMMAND OR CAPACITY BUT EVERY PARTICIPANT'S WISH....
TO MITIGATE THE FEAR AND UNDERSTAND THE EMERGING OPPORTUNITIES IN CHAOS, THE FOLLOWING APPROACHES CAN BE ADOPTED FOR BETTER RESULTS AND TO KEEP PACE WITH THE MARKET TRENDS...!!
A) CONVERGENT PROCESS:
THIS APPROACH IS MORE WIDELY ACCEPTED AND FOLLOWED BY THE FIIs, DIIs AND ESPECIALLY FOR THAT MATTER MORE PRECISELY BY HEDGE FUNDS. THESE HIGH RISK SEASONED CUTTING EDGE SMART PEOPLE PLACE HIGH BETS WITH AN ANTICIPATION OF HIGH RETURNS. THE BLOOM AND GLOOM CO-EXIST MANY A TIMES BUT THEIR SPIRITS ARE VERY HIGH.
HERE, STOCK PURCHASE CONCENTRATION IS SO HIGH THAT HUGE MONEY PUMPED AND LARGE CHUNK ACQUIRED AT A REASONABLE PRICE. THE COMPANY FUNDAMENTALS, ECONOMIC &BUSINESS TRENDS AND OTHER IMPORTANT PARAMETERS ARE LITTLE KNOWN TO OTHER RETAIL PARTICIPANTS BUT GET SURPRISED WHY AND HOW THESE COUNTERS ARE HOLDING ON TO THE TOP. 
LAST BUT NOT LEAST, THE VERY IMPORTANT MARKET MANAGEMENT MECHANISMS ARE PUT IN PLACE TO SEE THE PRICES RISE STEADILY AND GRADUALLY TO A LIMIT AND THEN A FINAL SHOOT UP …?. UNFORTUNATELY THE GREEDY POOR TRADERS AND RETAIL INVESTORS GET TRAPPED WHEN PARTICIPATE HEAVILY AND OFCOURSE THE WELL INFORMED SEEK AN EXIT…???
B) DIVERGENT PROCESS:
MAINLY FOLLOWED BY HNIs AND SMALL FUND HOUSES. THE PHILOSOPHY IS TO PROTECT THE CAPITAL AND INCREASE PROFITS IN BABY STEPS. THESE INVESTORS NEVER KEEP ALL EGGS IN ONE BASKET BUT PREFER DIFFERENT SECTORS. THIS DIVERGENT MEANS OF MAKING MONEY CAN OFFER SOLACE THAN ANY OTHER MODEL AS THE MARKET WAGGERIES ARE WELL TAKEN CARE. 
THESE PLAYERS ARE MODERATE IN RISK TAKING APPROACH, HAVE GOOD CONFIDENCE IN MARKETS BUT FEARFUL IN APPROACH. THEY ADOPT LONG-TERM PLAY WITH AN EYE ON SHORT-TERM GAINS, PLACE THEM IN GOOD POSITION AS THEY OFTEN TAKE-OUT PROFITS AT HIGHER LEVELS AND RE-ENTER AT LOWER LEVELS. SO, SAFE AND SECURE ALL THE TIME.
C) CHANNELLED PROCESS:
THE LADDER LIKE APPROACH IS ADOPTED BY SMART INDIVIDUALS TO ENSURE SUCCESS AT EVERY MOVE  WITH A LIMITED RESOURCE/MONEY. THEY KEEP MAINTAIN A WINNING STEAK ON BOTH THE DIRECTIONAL MOVES, SAIL ALONG WITH BULLS AND BEARS AS THEIR ADAPTABILITY & LIQUIDITY AT HAND ALLOWS SUCH FACILITY. THEY KEEP INCREASE VERY CALCULATED BETS, ALSO MAKE SUCCESS, A COMMON PHENOMENA LIKE CLIMBING A LADDER.
THESE PLAYERS ARE KNOWLEDGEABLE AND QUITE SMART IN CATCHING TRENDS IN THE MARKETS AND PLACE THEIR BETS SAFELY, ALSO MAKE SOME GOOD MONEY. THE PLAYERS SUCK EACH EMERGING OPPORTUNITIES IN STOCK MOVEMENTS BUT THEIR WELL ESTABLISHED APPROACH IS NOT KNOWN IN THE MARKET CIRCLES BUT MAKE DECENT COOL MONEY.
D) ZIG-ZAG JUMPING PROCESS: 
THIS APPROACH IS MOSTLY ADOPTED BY THE DAY TRADERS AND SWING TRADERS, ENJOY BUYING AND SELLING MANY A TIMES DURING THE DAY.THESE ENTHUSIASTIC TRADING PLAYERS ARE BACK-BONE TO MARKET LIQUIDITY AND FOR STOCK-TIPS ADVISORS. THEY KEEP ENGAGED EVERY TIME AND EACH TIME THEY TAKE A CALL AS THEIR GAME IS HIGHLY VOLATILE AND NO-BODY UNDERSTANDS WHY A BUYING IS MADE AND INSTANTLY A SELLING IS INITIATED. MANY A TIMES THEY BUY AT ONE COUNTER AND ALSO SELL ANOTHER SCRIP. ULTIMATELY, THEY ENJOY PARTICIPATION RATHER THAN MAKING MONEY.
THESE SMALL TIME RATHER INSTANT PLAYERS NEVER MAKE HUGE MONEY STORED IN THE MARKETS BUT LOSE MONEY FOR SURE, BECAUSE OF BUNDLE OF CONFUSIONS!. THE MORE THEY PLAY THE MORE THEY PAY. THEY HARDLY MAINTAIN ANY ORDER/METHOD, FIND NO TIME TO STUDY, PREFER EXTERNAL DEPENDENCY, MAINTAIN ADAMANT BEHAVIOUR TO A LOSING DEALS, RELY ON IRRATIONAL MEDIA COVERAGES & LIVE IN RUMORS AND PLACE HUGE BETS, BELIEVE IN CARRY ALONG WITH THE MOB IN THE MARKETS...ETC. ALL THE MORE, TAKE VERY FRAGILE DECISIONS AND UN-MINDFULLY INVITE HIGH-RISKS, UNFORTUNATELY GO INTO DUST...UN-NOTICED!!!!

Tuesday, May 12, 2015

SENSEX-MOVEMENT


YearOpenHighLowClose
19911027.381955.29947.141908.85
19921965.684546.581945.482615.37
19932617.783459.071980.063346.06
19943436.874643.313405.883926.9
19953910.163943.662891.453110.49
19963114.084131.222713.123085.2
19973096.654605.413096.653658.98
19983658.3443222741.223055.41
19993064.955150.993042.255005.82
20005209.546150.693491.553972.12
20013990.654462.112594.873262.33
20023262.013758.272828.483377.28
20033383.855920.762904.445838.96
20045872.486617.154227.56602.69
20056626.499442.986069.339397.93
20069422.4914035.38799.0113786.91
200713827.7720498.1112316.120286.99
200820325.2721206.777697.399647.31
20099720.5517530.948047.1717464.81
201017473.4521108.6415651.9920509.09
201120621.6120664.815135.8615454.92
201215534.6719612.1815358.0219426.71
201319513.4521483.7417448.7121170.68
201421222.1928822.3719963.1227499.42
201527485.7730024.7426776.1227011.31